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Modern Automated Laundromat, Preston - Low Rent, Long Lease

Laundromat

ActiveCleaningVictoriaB2C
Asking price
$365,000
Disclosed · AUD
Revenue
$79,667
TTM
Earnings
—
Implied multiple
—

Brief

A largely unattended, automated self-service laundromat on a busy Preston main road, with commercial equipment under five years old and a long lease secured to 2037 at low rent. Suits an investor wanting a hands-off business.

How it compares

Laundromats in Victoria · asking prices
150% above past laundromats like it

Past laundromats like it ask a median 1.83× revenue. On its $79,667 revenue, that points to about $146,000; reads like this are typically within 30%, so $102,000 to $190,000. It asks $365,000.

Asking price
$365,000about the median of $365,000
Revenue
$79,667median is $130,000
Time listed
0 daysrecently listed

Laundromats in Victoria

Laundromats for sale in Victoria (12) →
Listed
12
+6 in 30 days
Median asking
$365K
11 priced
Median revenue
$130K
8 disclose
Earnings multiple
1.8×
17 listings
Asking price spread11 of 12 state a price
This listing · $365K
18%
64%
18%
$100K–$250K$500K–$1M

Australia 21

Cafes 436 · Takeaways 316 · Restaurants 247 · General retail businesses 70 · Newsagencies 69 · Supermarkets 68

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